Binance Founder CZ Predicts Bitcoin Might Be Entering a 'Supercycle'

Summary:
Changpeng Zhao, founder of Binance, indicated during the BitcoinMENA 2025 conference that Bitcoin (BTC) could be exiting its traditional four-year market cycle and instead entering a 'supercycle' fueled by increased institutional interest. His comments follow a bullish forecast made earlier this year, where he anticipated substantial growth for Bitcoin and the overall cryptocurrency market.

Key Takeaways

CZ believes Bitcoin may be entering a 'supercycle' instead of a typical four-year cycle.
High institutional interest is contributing to this potential shift.
Bernstein analysts support this view, predicting Bitcoin could reach up to $200,000 by 2027.
The shift from retail speculation to institutional involvement is stabilizing prices even during market volatility.
As of now, Bitcoin is valued at $90,536, showing a 1.3% increase over the past week.

CZ and Bitcoin

Insights from BitcoinMENA 2025

At the BitcoinMENA 2025 event held at the ADNEC Centre in Abu Dhabi, Changpeng Zhao (CZ) shared his insights with attendees. He mentioned that Bitcoin might be moving away from its longstanding four-year cycle due to greater participation from institutional investors. The conference, which ran from December 8 to 9, attracted numerous developers, investors, and industry leaders, reflecting the growing interest in cryptocurrency.

CZ’s session generated significant attention, highlighting his ongoing influence in the crypto landscape. According to a post by Pushpendra Singh, co-founder of Smart View AI, the venue was at full capacity.

Building on Previous Predictions

CZ’s recent remarks align with earlier forecasts he made in a May interview with Farokh Radio. During that discussion, he predicted Bitcoin could soar to between $500,000 and $1 million during the ongoing cycle, projecting an overall market cap for cryptocurrencies to reach $5 trillion by year-end. His optimism is connected to the rising interest from institutional players, as evidenced by the growing number of Bitcoin ETFs in the U.S.

Support from Bernstein Analysts

Moreover, analysts at Bernstein have echoed similar sentiments about Bitcoin's trajectory. Their recent analysis suggests that Bitcoin has moved past its traditional halving-driven cycles, entering a protracted bull market. They anticipate Bitcoin could hit $150,000 by 2026 and possibly peak at $200,000 in 2027.

The shift towards reliance on institutional investment, rather than retail speculation, seems to be stabilizing Bitcoin’s price movements, even amidst considerable market fluctuations. Bernstein pointed out that during a recent downturn, where Bitcoin dropped from over $126,000 to around $80,000, spot Bitcoin ETFs only experienced about 5% in outflows. This indicates a healthier and more mature investor base, with long-term holders staying resilient despite the volatility.

As it stands, Bitcoin is trading at approximately $90,536, reflecting a 1.3% growth over the last week.

Disclaimer: This article is for informational purposes only and should not be viewed as financial advice. The opinions expressed herein reflect the author's views and do not represent those of The Crypto Basic. Readers are encouraged to conduct their own research before making any financial decisions. The Crypto Basic takes no responsibility for losses incurred.